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WASHINGTON - With a bump up in fees for its 7(a) loans, the SBA has moved forward with its goal to operate the program without the help of Congressional dollars, aiming to prove it can stand on its own. Effective Oct. 1, credit unions and other lenders saw an increase...

WASHINGTON-Congressional interest in savings legislation during the 109th Congress may have deeper implications in the long-term, according to some CUNA staffers. "Irrespective of who's in charge, there will be an increased emphasis on savings legislation," CUNA Legislative Counsel for Tax, Pensions, and Housing Leon Peace stated. That includes both common...

MADISION, Wis. - Don't expect the labor dispute at CUNA Mutual to magically come to an end any time soon. Based on the information coming from each side, it looks like the stalemate could continue for some time. The good news is the two sides have agreed to negotiating sessions...

INDIANAPOLIS - When pundits start talking about which U.S. credit union performed the biggest about-face in marketing strategy in 2004, then by most accounts the $846 million Indiana Members CU wins a top prize. Indeed, the state's second largest CU, seeing itself behind large banks in public visibility and on...

SPARTA, Mich. - COWWW Software got the nod for Best of Show winner by the CUNA Technology Council during CUNA Future Forum in Hawaii. The Sparta, Mich.-based provider of Web-based archiving and document-distribution solutions has been gaining traction lately with credit union client signings, and the award, presented Oct. 25,...

ONTARIO, Calif. - Bob Rose, CEO of CO-OP Network, the largest credit union-owned, surcharge-free ATM network, will retire from his position in June 2005 in favor of a possible second career as a business teacher at the university level. "CO-OP Network has a number of critical projects in progress that...

APPLE VALLEY, Minn. - After a nearly year-and-a half old dispute over claims of name and logo infringement, Wings Financial Federal Credit Union and Northwest Airlines have reached a settlement. The $1.4 billion credit union, previously known as NWA FCU, would not release any further details about the settlement only...

I thoroughly enjoyed Mike Welch's Oct. 13 column, "At Times Even Some Banks Where a White Hat." Like Mike, I too have received some great service from banks. Even large banks will occasionally have a great branch or some great employees. And believe it or not, I've had lousy service...